CommSec and Leveraged continue to lead shrinking Australia margin lending sector LeapRate

CommSec and Leveraged continue to lead shrinking Australia margin lending sector

In its twelfth year, the 2016 Margin Lending Investor Report is an in-depth study of Australian margin lending users’ attitudes and behaviours. The study is based on a survey of 1,418 Australian-based investors conducted between July and August 2016 by research firm Investment Trends. Key highlights from the 2016 Margin Lending Investor Report: The margin…

September 02, 2016 BY LeapRate Staff

Australian online broker CommSec hit with $700,000 ASIC fine

Australia financial regulator ASIC has announced that CommSec (Commonwealth Securities Limited (CommSec), one of Australia's largest online brokers, has paid a total penalty of AUD $700,000 to comply with two infringement notices given to it by ASIC's Markets Disciplinary Panel (MDP), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients. The MDP had reasonable…

Tag: CommSec

CommSec and Leveraged continue to lead shrinking Australia margin lending sector

Australian online broker CommSec hit with $700,000 ASIC fine

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